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Apex Trader Funding - News

Greystone Monticello Closes $16.7 Million in Bridge Financing for Seniors Housing Acquisition in Illinois

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Greystone Monticello, a bridge lending program serving as a one-stop shop provider of capital finance products and services for the multifamily and senior housing sectors, has closed a $16,670,000 bridge loan for the acquisition of a seniors housing property in Illinois. The financing was originated by Karina Davydov, a Managing Director for Greystone Monticello. The property comprises independent living, assisted living and memory care units. The bridge financing closed by Greystone Monticello carries a two-year term with two six-month extensions. "We are excited to deepen our ...